Abbreviated Company Accounts - CLOTHING RECYCLING CENTRES LTD

CLOTHING RECYCLING CENTRES LTD - Company Information

07742208 CLOTHING RECYCLING CENTRES LTD 2014-08-31 false 2013-09-01 2014-08-31 true 07742208 2013-09-01 2014-08-31 07742208 2014-08-31 07742208 2013-08-31 07742208 uk-gaap-cd-bus:Director1 2013-09-01 2014-08-31 07742208 uk-gaap-cd-bus:Director2 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-31 iso4217:GBP shares

Registered Number 07742208

CLOTHING RECYCLING CENTRES LTD

Abbreviated Accounts

31 August 2014

CLOTHING RECYCLING CENTRES LTD Registered Number 07742208

Abbreviated Balance Sheet as at 31 August 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	87,300	110,620
		87,300	110,620
Current assets
Stocks		44,000	45,000
Debtors		34,571	53,337
Cash at bank and in hand		12,991	18,401
		91,562	116,738
Creditors: amounts falling due within one year	3	(120,049)	(89,887)
Net current assets (liabilities)		(28,487)	26,851
Total assets less current liabilities		58,813	137,471
Creditors: amounts falling due after more than one year	3	(59,013)	(23,026)
Provisions for liabilities		-	(12,690)
Total net assets (liabilities)		(200)	101,755
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		(202)	101,753
Shareholders' funds		(200)	101,755

For the year ending 31 August 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 24 October 2014

And signed on their behalf by:
D Bartle, Director
M J Bushell, Director

CLOTHING RECYCLING CENTRES LTD Registered Number 07742208

Notes to the Abbreviated Accounts for the period ended 31 August 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Plant & machinery 25% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 25% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 September 2013	149,305
Additions	5,779
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2014	155,084
Depreciation
At 1 September 2013	38,685
Charge for the year	29,099
On disposals	-
At 31 August 2014	67,784
Net book values
At 31 August 2014	87,300
At 31 August 2013	110,620

3Creditors

	2014 £	2013 £
Secured Debts	105,523	13,248

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2